Small business franchise opportunities are definitely not limited to food kiosks and carpet cleaning. There are literally hundreds of businesses franchised in the United States, ranging from automotive and childrens franchises to pet and travel service franchises. Whatever kind of business you might be looking for, the spectrum of choices is limited only by your imagination and level of determination.
But how do you determine if a small business franchise opportunity is really right for you?
Franchise versus business opportunity
Perhaps the best place to begin your research is to briefly explore the difference between franchises and business opportunities.
A business opportunity is purchased outright. You, and perhaps your partners, own it and operate it under the name you have chosen. Typically, the seller makes his profit by delivering the equipment, real property, training or service that you just purchased. In some cases, the seller might earn residual income from your success (as is the case in a network marketing business). In most business opportunities, though, your relationship with the seller ends when you purchase the business. Basically,...
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